Finance Yourself To Wealth

The most popular strategy used to defeat all of the enemies of wealth-The IUL. It provides 6 important benefits: First, you’re not going to lose money in the stock market because your money is not in the stock market. Although you could have fees and surrender charges. Second, during good years you can grow your money based on the performance of the underlying index and crediting method used to potentially outpace inflation. Third, experts call this the biggest benefit left in the tax code, because your money grows tax deferred, and you can access it tax preferred. Fourth, it can provide a supplemental retirement cash flow that could last until age 100 if structured and funded correctly. Fifth, you can use your money to become your own source of financing. Sixth, it is a self-completing insurance policy, so if you pass away before you can save enough for your family to live on, the insurance benefit will provide the money needed. The IUL, short for Indexed Universal Life, is a customized cash value life insurance policy.